NON-OPERATED ASSET SALE
Covers 528.07-Net Leasehold Acres.
NEW MEXICO, TEXAS & OKLAHOMA
11.4-Producing Net Mineral Acres.
NonOperated WI, ORRI & Royalty Interest
Avg. 8/8th Prod. (6Mns): ~8,180 BOED
6-Mn Net Income: $44,011/Month
AUCTION CLOSED MAY 2019
PP 2093AU
| Onshore |
Land Base |
| Conventional |
Play Type |
ENERGYNET INC - C W BOLIN
Deal Summary
C W Bolin Properties Ltd has retained EnergyNet Inc to assist in the sale of non-operated assets in New Mexico, Oklahoma and Texas. The auction will open on 22-May-2019 and close on 29-May-2019.
Highlights:
-- Located across various counties in New Mexico, Oklahoma and Texas;
-- Covers 528.07 net leasehold acres (91% HBP) and 11.4 producing net mineral acres;
-- Non-operated assets: Holds ~0.26% to ~29.7% WI (~0.21% to ~24.47% NRI) in 103 wells (95 producing, 1 SWD, and 7 non-producing). Also holds an additional 0.025% to 0.39% ORRI in 12 wells, and ~0.001% RI in 2 wells;
-- ORRI assets: Holds ~0.013% to ~7.5% ORRI in 117 wells (60 producing, 55 non-producing, and 2 temporarily abandoned). Also holds an additional ~0.008% RI in 2 wells;
-- RI assets: Holds ~0.00003% to ~2.72% RI in 7 producing wells;
-- Average 8/8th production (6 months): ~8.18 MBOE/d (~90% gas, ~10% oil);
-- Average net income (6 months): $44,011/month.
Lot 57322
CONTACT AGENT
EnergyNet Inc
Mr. Cody Felton
VP - Business Development - Hou & Eastern States
400 Louisiana St Ste 600
Houston, TX 77002
Phone: 713-861-1866 and Fax: 832-201-9598 and Direct: 281-221-3042 Cell: 281-221-3042
Email: cody.felton@energynet.com
